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South Hobart And Foothills Community Bank Project - Organisat
GPO Box 201
Tasmania, Others
Tasmania, Australia -
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Detailed description is Community Bank® branches are making contributions to communities across Australia which go beyond simply banking What is a Community Bank® branch?. . A Community Bank® branch is a locally owned and operated company, which functions as a franchise of Bendigo and Adelaide Bank. Bendigo and Adelaide Bank provides the coverage of its banking licence, a full range of banking products, training of staff and ongoing support.. . Depositors are protected by Bendigo and Adelaide Bank’s imposing track record when it comes to the security of depositors’ funds. We are one of Australia’s oldest financial institutions, we have operated since 1858 and have declared a profit in every year and we have without fail honoured our depositors.. . Bendigo and Adelaide Bank and the community company are each entitled to agreed portions of the revenue of the local Community Bank® branch and the local company is responsible for paying branch running costs.. . When the local company begins to make a regular operating surplus, after the payment of branch running costs, and Bendigo and Adelaide Bank’s share of the revenue is received, the remaining funds are available to be reinvested back into the community through dividends to shareholders and grants to community groups and projects.. . To find out more about the concept and history of Community banks go to . http://www.bendigobank.com.au/public/community_bank/about_community_bank.asp
Established in the recent years South Hobart and Foothills Community Bank Project in tasmania, tasmania in australia.
This well-known establishment acts as a one-stop destination servicing customers both local and from other parts of the city...
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